Given the unclear results in Latin America's past experience with free trade areas and customs unions, one wonders whether the present degree of enthusiasm about the prospects of a much more grandiose effort in the same direction (the Free Trade Area of the Americas [FTAA]) is really justified....

Given the unclear results in Latin America's past experience with free trade areas and customs unions, one wonders whether the present degree of enthusiasm about the prospects of a much more grandiose effort in the same direction (the Free Trade Area of the Americas [FTAA]) is really justified....